Acts and Regulations

B-9.1 - Business Corporations Act

Full text
Application
2(1)This Act, except where it is otherwise expressly provided, applies to
(a) every corporation incorporated and every body corporate continued as a corporation under this Act that has not been discontinued under this Act,
(b) every body corporate with share capital incorporated under a special Act of the Legislature after this Act comes into force, and
(c) after five years of the coming into force of this Act, every other body corporate with share capital incorporated under a general or special Act of the Legislature, except a body corporate to which section 16 or 18 of the Companies Act applies or which is incorporated under or subject to Part II of that Act, and such body corporate shall be deemed to have been continued under this Act.
2(2)This Act, except where it is otherwise expressly provided, does not apply to a body corporate incorporated or continued under the Cooperatives Act or to a body corporate incorporated or continued under the Credit Unions Act.
2(3)A body corporate incorporated or continued under the Companies Act, except a body corporate to which section 16 or 18 of the Companies Act applies or which is incorporated under or subject to Part II of that Act, may apply for a certificate of continuance under section 192.
2(4)A body corporate incorporated under a special Act of the Legislature with share capital may apply for a certificate of continuance under section 192.
2(5)Notwithstanding any other provision of this Act, where a body corporate incorporated under letters patent or special Act of the Legislature is continued or deemed to have been continued under this Act, any provisions in the letters patent, special Act or supplementary letters patent, and any powers of the body corporate, which are valid immediately before the coming into force of this Act continue to be valid and to have effect, but any amendments thereto shall be made in accordance with this Act.
2(6)An extra-provincial corporation is subject to Part XVII only.
2(7)The Winding Up Act and the Companies Act do not apply to a corporation to which this Act applies.
2(8)This Act does not apply
(a) to a provincial company as defined in the Loan and Trust Companies Act or a body corporate referred to in paragraph 2(b) of that Act except as that Act otherwise provides, or
(b) to an insurance company.
1984, c.17, s.1; 1986, c.18, s.1; 1987, c.L-11.2, s.279; 1992, c.C-32.2, s.308; 1996, c.62, s.2; 2017, c.55, s.4; 2019, c.24, s.182; 2023, c.2, s.3; 2023, c.2, s.155
Application
2(1)This Act, except where it is otherwise expressly provided, applies to
(a) every corporation incorporated and every body corporate continued as a corporation under this Act that has not been discontinued under this Act,
(b) every body corporate with share capital incorporated under a special Act of the Legislature after this Act comes into force, and
(c) after five years of the coming into force of this Act, every other body corporate with share capital incorporated under a general or special Act of the Legislature, except a body corporate to which section 16 or 18 of the Companies Act applies or which is incorporated under or subject to Part II of that Act, and such body corporate shall be deemed to have been continued under this Act.
2(2)This Act, except where it is otherwise expressly provided, does not apply to a body corporate incorporated or continued under the Cooperatives Act or to a body corporate incorporated or continued under the Credit Unions Act.
2(3)A body corporate incorporated or continued under the Companies Act, except a body corporate to which section 16 or 18 of the Companies Act applies or which is incorporated under or subject to Part II of that Act, may apply for a certificate of continuance under section 192.
2(4)A body corporate incorporated under a special Act of the Legislature with share capital may apply for a certificate of continuance under section 192.
2(5)Notwithstanding any other provision of this Act, where a body corporate incorporated under letters patent or special Act of the Legislature is continued or deemed to have been continued under this Act, any provisions in the letters patent, special Act or supplementary letters patent, and any powers of the body corporate, which are valid immediately before the coming into force of this Act continue to be valid and to have effect, but any amendments thereto shall be made in accordance with this Act.
2(6)An extra-provincial corporation is subject to Part XVII only.
2(7)The Winding Up Act and the Companies Act do not apply to a corporation to which this Act applies.
2(8)This Act does not apply
(a) to a provincial company as defined in the Loan and Trust Companies Act or a body corporate referred to in paragraph 2(b) of that Act except as that Act otherwise provides, or
(b) to an insurance company.
1984, c.17, s.1; 1986, c.18, s.1; 1987, c.L-11.2, s.279; 1992, c.C-32.2, s.308; 1996, c.62, s.2; 2017, c.55, s.4; 2019, c.24, s.182
Application and Administration of Act
2(1)This Act, except where it is otherwise expressly provided, applies to
(a) every corporation incorporated and every body corporate continued as a corporation under this Act that has not been discontinued under this Act,
(b) every body corporate with share capital incorporated under a special Act of the Legislature after this Act comes into force, and
(c) after five years of the coming into force of this Act, every other body corporate with share capital incorporated under a general or special Act of the Legislature, except a body corporate to which section 16 or 18 of the Companies Act applies or which is incorporated under or subject to Part II of that Act, and such body corporate shall be deemed to have been continued under this Act.
2(2)This Act, except where it is otherwise expressly provided, does not apply to a body corporate incorporated under the Co-operative Associations Act or to a body corporate incorporated or continued under the Credit Unions Act.
2(3)A body corporate incorporated or continued under the Companies Act, except a body corporate to which section 16 or 18 of the Companies Act applies or which is incorporated under or subject to Part II of that Act, may apply for a certificate of continuance under section 192.
2(4)A body corporate incorporated under a special Act of the Legislature with share capital may apply for a certificate of continuance under section 192.
2(5)Notwithstanding any other provision of this Act, where a body corporate incorporated under letters patent or special Act of the Legislature is continued or deemed to have been continued under this Act, any provisions in the letters patent, special Act or supplementary letters patent, and any powers of the body corporate, which are valid immediately before the coming into force of this Act continue to be valid and to have effect, but any amendments thereto shall be made in accordance with this Act.
2(6)An extra-provincial corporation is subject to Part XVII only.
2(7)The Winding Up Act and the Companies Act do not apply to a corporation to which this Act applies.
2(8)This Act does not apply
(a) to a provincial company as defined in the Loan and Trust Companies Act or a body corporate referred to in paragraph 2(b) of that Act except as that Act otherwise provides, or
(b) to an insurance company.
1984, c.17, s.1; 1986, c.18, s.1; 1987, c.L-11.2, s.279; 1992, c.C-32.2, s.308; 1996, c.62, s.2; 2017, c.55, s.4
Application and Administration of Act
2(1)This Act, except where it is otherwise expressly provided, applies to
(a) every corporation incorporated and every body corporate continued as a corporation under this Act that has not been discontinued under this Act,
(b) every body corporate with share capital incorporated under a special Act of the Legislature after this Act comes into force, and
(c) after five years of the coming into force of this Act, every other body corporate with share capital incorporated under a general or special Act of the Legislature, except a body corporate to which section 16 or 18 of the Companies Act applies or which is incorporated under or subject to Part II of that Act, and such body corporate shall be deemed to have been continued under this Act.
2(2)This Act, except where it is otherwise expressly provided, does not apply to a body corporate incorporated under the Agricultural Associations Act or the Co-operative Associations Act or to a body corporate incorporated or continued under the Credit Unions Act.
2(3)A body corporate incorporated or continued under the Companies Act, except a body corporate to which section 16 or 18 of the Companies Act applies or which is incorporated under or subject to Part II of that Act, may apply for a certificate of continuance under section 192.
2(4)A body corporate incorporated under a special Act of the Legislature with share capital may apply for a certificate of continuance under section 192.
2(5)Notwithstanding any other provision of this Act, where a body corporate incorporated under letters patent or special Act of the Legislature is continued or deemed to have been continued under this Act, any provisions in the letters patent, special Act or supplementary letters patent, and any powers of the body corporate, which are valid immediately before the coming into force of this Act continue to be valid and to have effect, but any amendments thereto shall be made in accordance with this Act.
2(6)An extra-provincial corporation is subject to Part XVII only.
2(7)The Winding Up Act and the Companies Act do not apply to a corporation to which this Act applies.
2(8)This Act does not apply
(a) to a provincial company as defined in the Loan and Trust Companies Act or a body corporate referred to in paragraph 2(b) of that Act except as that Act otherwise provides, or
(b) to an insurance company.
1984, c.17, s.1; 1986, c.18, s.1; 1987, c.L-11.2, s.279; 1992, c.C-32.2, s.308; 1996, c.62, s.2
Application and Administration of Act
2(1)This Act, except where it is otherwise expressly provided, applies to
(a) every corporation incorporated and every body corporate continued as a corporation under this Act that has not been discontinued under this Act,
(b) every body corporate with share capital incorporated under a special Act of the Legislature after this Act comes into force, and
(c) after five years of the coming into force of this Act, every other body corporate with share capital incorporated under a general or special Act of the Legislature, except a body corporate to which section 16 or 18 of the Companies Act applies or which is incorporated under or subject to Part II of that Act, and such body corporate shall be deemed to have been continued under this Act.
2(2)This Act, except where it is otherwise expressly provided, does not apply to a body corporate incorporated under the Agricultural Associations Act or the Co-operative Associations Act or to a body corporate incorporated or continued under the Credit Unions Act.
2(3)A body corporate incorporated or continued under the Companies Act, except a body corporate to which section 16 or 18 of the Companies Act applies or which is incorporated under or subject to Part II of that Act, may apply for a certificate of continuance under section 192.
2(4)A body corporate incorporated under a special Act of the Legislature with share capital may apply for a certificate of continuance under section 192.
2(5)Notwithstanding any other provision of this Act, where a body corporate incorporated under letters patent or special Act of the Legislature is continued or deemed to have been continued under this Act, any provisions in the letters patent, special Act or supplementary letters patent, and any powers of the body corporate, which are valid immediately before the coming into force of this Act continue to be valid and to have effect, but any amendments thereto shall be made in accordance with this Act.
2(6)An extra-provincial corporation is subject to Part XVII only.
2(7)The Winding Up Act and the Companies Act do not apply to a corporation to which this Act applies.
2(8)This Act does not apply
(a) to a provincial company as defined in the Loan and Trust Companies Act or a body corporate referred to in paragraph 2(b) of that Act except as that Act otherwise provides, or
(b) to an insurance company.
1984, c.17, s.1; 1986, c.18, s.1; 1987, c.L-11.2, s.279; 1992, c.C-32.2, s.308; 1996, c.62, s.2